Here is the thing about the oncoming AI revolution: it may be new, but in a way, it's the same old story.
In the latter part of 2022, a groundbreaking technology was introduced that will transform the way we work: generative AI. When ChatGPT became available to the public, it quickly evolved from being a mere curiosity to heralding a new era of technology where any type of digital media—text, audio, images, and video—can be created in a matter of moments. While various forms of AI and their application to the industry are nothing new, Generative AI and its practical applications to the industry certainly are.
Fast forward to today, approximately a year and a half later, and how much has changed in the financial advisory industry?
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